Pay Network Gains Institutional Support Amid Price Decline

Aloo Ventures, a prominent venture capital firm in Silicon Valley, has announced the inclusion of Pay Network in its investment portfolio, reflecting increasing institutional confidence in the project. Despite this support, the Pay currency continued its decline by 2%, trading at $0.35.

Aloo Ventures' entry is viewed as a positive signal that could stimulate interest from other investors in the fintech and blockchain sectors, yet the market continues to reflect ongoing selling pressures since May. Any improvement in demand could push the price towards $0.45 - $0.66, while critical support remains at $0.3223.